Riding in the early morning Metro North train from Grand Central to Greenwich on April Fools 2006 Luke Anthony briefly considered the revitalization of some of the once great Harlem neighborhoods. But then his thoughts turned back to the task at hand: to form a common view of the likely path of the Japanese yen. The dollar was on one of his patented swinging upwards, which would bring it to 140 / $ before long? Or last year, the dollar appreciation is only a short break in a longer-term downwar … Read more »

Riding in the early morning Metro North train from Grand Central to Greenwich on April Fools 2006 Luke Anthony briefly considered the revitalization of some of the once great Harlem neighborhoods. But then his thoughts turned back to the task at hand: to form a common view of the likely path of the Japanese yen. The dollar was on one of his patented swinging upwards, which would bring it to 140 / $ before long? Or last year, the dollar appreciation is only a short break in a longer-term downward march as a record current account deficit pulls it into the deep?
This is a Darden case study.
«Hide

from
Francis Warnock
Source: Darden School of Business
20 pages.
Publication Date: Aug 31, 2007. Prod #: UV0763-PDF-ENG
FX Strategies 2006: U.S. dollar against the yen HBR case solution

[related_post themes="flat"]